(( SMHS )) Smart Holdings, Inc. (alert price .0005)
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My opinion:
SMHS closed last Thursday at .0002 (the bid). On Friday less than 15 million shares took out the .0003`s, the .0004`s, and put a dent in the available .0005`s. So based on the way SMHS moved up Friday the potential is there for a UNVC type run like we had a couple weeks ago.
SMHS definitely appears to be a thinly trading stock. The share structure appears to be very reasonable for a stock trading in this price range. And even with Fridays gains the RSI 14 currently stands at about 44.97. And the Accum/Dist has just began to turn back up from a very oversold condition.
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The recent share structure and links to the SMHS website, recent news releases, June 30, 2011 balance sheet, and IHUB message board and I Box are all listed below.
Smart Holdings, Inc. is also an OTC Pink Current Information in its filings with otcmarkets/pinksheets. Here is the link to SMHS Company info: